A variable-rate mortgage (VRM)
A)changes the amortization when interest rates change.
B)has the shortest amortization.
C)changes the payment amount when interest rates change.
D)is another name for an open mortgage.

Question

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The Answer of A variable-rate mortgage (VRM)
A)changes the amortization when interest rates change.
B)has the shortest amortization.
C)changes the payment amount when interest rates change.
D)is another name for an open mortgage.

A Variable-Rate Mortgage (VRM)